- Litecoin price closed last week with a 9.81% gain and finished July up 0.05%.
- LTC has defined a double bottom pattern, but it may be plotting a handle after failing to close above $149.26.
- The 50-week simple moving average (SMA) at $143.15 and the 2019 high of $146.00 combine to form fierce resistance.
Litecoin price responded to the oversold condition on the daily Relative Strength Index (RSI) with a 35.71% rally over the next ten days. It was an impulsive…
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